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HomeMy WebLinkAboutMINUTES - 03161993 - 1.61 1 -61 HOUSING AUTHORITY OF THE COUNTY OF CONTRA COSTA TO: BOARD OF COMMISSIONERS DATE: March 16, 1993 FROM: Richard J. Martinez, Acting Interim Executive Director cc: SUBJECT: CASA DEL RIO SENIOR HOUSING DEVELOPMENT: AUTHORIZE EXECUTION OF AN AMENDMENT TO THE MODIFIED CONTRACT DOCUMENTS BETWEEN THE HOUSING AUTHORITY AND J.R. ROBERTS CORP. FOR THE CONSTRUCTION OF THE PROJECT I. RECOMMENDED ACTION APPROVE an amendment to the Modified Standard Form of Agreement between Owner and Contractor and the Modified General Conditions between the Housing Authority and J.R. Roberts Corporation,the general contractor for the Casa del Rio Senior Housing Development in Antioch,to change the contract payment basis from a"Cost Plus a Guaranteed Maximum Price"to a"Fixed Price"and to clarify the contractor's fee for change orders and AUTHORIZE the Acting Interim Executive Director to execute this amendment to the contract documents. II. FINANCIAL IMPACT: There would be no additional fiscal impact because the total contract amount would not change with this change in the payment basis. III. REASONS FOR RECOMMENDATION/BACKGROUND On October 26, 1992, the Housing Authority entered into a$5,059,090 construction contract with J.R. Roberts Corporation for the construction of Casa del Rio. This was a"Cost plus a Guaranteed Maximum Price"contract which set the total maximum price to be paid to the contractor. After recent discussions with the construction lenders,J.R. Roberts Corp. and the original developer, FPI Real Estate Group, staff recommends that the contract be changed to a Fixed Price contract with the same total maximum price to be paid to the contractor. IV. CONSEQUENCES OF NEGATIVE ACTION: Should the Board of Commissioners elect not to approve the amendment and authorize the Acting Interim Executive Director to execute the amendment,staff has been advised by the original developer that it would be difficult, if not impossible, for the original developer to recover any of its predevelopment costs. CONTINUED ON ATTACHMENT: SIGNATURE aECONMINDATION OF E(ECU TIVE DIRECTOR RECOMMENDA'TON OF BOARD CONIIAMIM APPROVE OTHER SIGNATURE(S) ACTION OF BOARD ON 1993 APPROVED As RECOMMENDED X OTHER VOTE OF CONNIISSIONERS X UNANIMOUS(ABSENT I HEREBY CERTIFY THAT THIS IS A'RUE AND CORRECT AYES: NOES: COPY OF AN ACITON TAKEN AND ENTERED ON THE ABSENT: ABSTAIN: MINUTES OF THE BOARD OF COMMISSIONERS ON THE DATE SHOWN. ATTESTED 3 Phil Batchelor,Clerk of the Board of Commissioners BY �� ,DEPUTY